Alarm.com Holdings, Inc. (NASDAQ:ALRM – Get Free Report) has earned an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $55.00.
A number of research firms have commented on ALRM. Weiss Ratings raised Alarm.com from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Wall Street Zen raised shares of Alarm.com from a “hold” rating to a “buy” rating in a report on Sunday, August 16th. Barclays increased their target price on Alarm.com from $55.00 to $60.00 and gave the company an “equal weight” rating in a report on Monday, August 10th. Zacks Research raised Alarm.com from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 19th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $65.00 price objective on shares of Alarm.com in a research report on Friday, August 7th.
Read Our Latest Research Report on Alarm.com
Alarm.com Stock Performance
Alarm.com (NASDAQ:ALRM – Get Free Report) last issued its earnings results on Thursday, August 6th. The software maker reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.12. Alarm.com had a return on equity of 15.65% and a net margin of 11.11%.The business had revenue of $277.73 million during the quarter, compared to the consensus estimate of $264.96 million. During the same period in the prior year, the business posted $0.60 EPS. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. Alarm.com has set its FY 2026 guidance at 2.920-2.940 EPS. On average, sell-side analysts expect that Alarm.com will post 2.47 EPS for the current year.
Insider Activity
In other news, CFO Kevin Bradley sold 5,400 shares of Alarm.com stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $55.07, for a total transaction of $297,378.00. Following the completion of the sale, the chief financial officer directly owned 78,222 shares in the company, valued at $4,307,685.54. The trade was a 6.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Stephen Trundle sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $57.67, for a total transaction of $2,883,500.00. Following the completion of the transaction, the chief executive officer directly owned 324,842 shares of the company’s stock, valued at approximately $18,733,638.14. This represents a 13.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 56,124 shares of company stock valued at $3,215,963 in the last three months. 4.80% of the stock is currently owned by corporate insiders.
Institutional Trading of Alarm.com
Several hedge funds and other institutional investors have recently bought and sold shares of ALRM. ProShare Advisors LLC lifted its position in Alarm.com by 3.0% during the fourth quarter. ProShare Advisors LLC now owns 9,284 shares of the software maker’s stock worth $474,000 after buying an additional 269 shares during the period. Pacer Advisors Inc. grew its holdings in Alarm.com by 21.2% in the first quarter. Pacer Advisors Inc. now owns 2,312 shares of the software maker’s stock valued at $100,000 after purchasing an additional 404 shares during the period. Integrated Wealth Concepts LLC acquired a new position in shares of Alarm.com in the 2nd quarter valued at $28,000. Allworth Financial LP increased its holdings in shares of Alarm.com by 435.5% during the 2nd quarter. Allworth Financial LP now owns 980 shares of the software maker’s stock worth $46,000 after buying an additional 797 shares during the last quarter. Finally, Argos Wealth Advisors LLC boosted its holdings in Alarm.com by 6.8% in the first quarter. Argos Wealth Advisors LLC now owns 13,375 shares of the software maker’s stock valued at $578,000 after acquiring an additional 852 shares during the last quarter. 91.74% of the stock is owned by hedge funds and other institutional investors.
Alarm.com Company Profile
Alarm.com Holdings, Inc (NASDAQ: ALRM) provides cloud-based connected property solutions for residential and commercial customers. Its platform is designed to help service providers deliver security, automation, video monitoring and related services through connected devices and software.
The company’s offerings include intrusion detection, smart-home automation, video surveillance and analytics, access control, energy management, and solutions for commercial properties. Alarm.com generally distributes its products and services through a network of authorized service providers, dealers and integrators rather than selling directly to most end users.
Founded in 2000 and headquartered in Vienna, Virginia, Alarm.com serves customers in the United States and internationally.
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